Ford chief joins Wall Street's calls for Fed cut

Alan Mulally, the chief executive of motor company Ford, voiced his support for a cut to the federal funds rate on Friday.

In response to questions about whether he would back a rate cut, Mulally told the Financial Times newspaper: "It is a really important job to manage inflation and economic growth [but] focusing on economic growth appears to be a really important priority now."

Mulally's comments come at the end of a week when both financiers and politicians have asked the Federal Reserve